Gross domestic product (GDP), Constant prices, Percent in Bahamas
Bahamas: Gross domestic product (GDP), Constant prices, Percent was 1.5 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent in Bahamas, 1980–2031
Source: International Monetary Fund.
Analysis
Bahamas recorded 1.5 for gross domestic product (gdp), constant prices, percent in 2031.
Compared with earlier readings it is down 91.5% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent in Bahamas peaked at 17.59 in 2021 and was at its lowest, -20.09, in 2020.
Bahamas ranks 29th of 36 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 7.1 | — |
| 1981 | -2.9 | -140.8% |
| 1982 | 6.3 | -317.2% |
| 1983 | 6.8 | +7.9% |
| 1984 | 2.4 | -64.7% |
| 1985 | 4.1 | +70.8% |
| 1986 | 2.6 | -36.6% |
| 1987 | 3.7 | +42.3% |
| 1988 | 2.26 | -39.0% |
| 1989 | 2.3 | +2.0% |
| 1990 | 1.05 | -54.3% |
| 1991 | -4.18 | -497.4% |
| 1992 | -3.83 | -8.5% |
| 1993 | 0.3078 | -108.0% |
| 1994 | 3.15 | +923.0% |
| 1995 | 4.38 | +39.1% |
| 1996 | 4.22 | -3.5% |
| 1997 | 4.95 | +17.1% |
| 1998 | 4.72 | -4.6% |
| 1999 | 7.14 | +51.5% |
| 2000 | 4.15 | -41.9% |
| 2001 | 2.63 | -36.7% |
| 2002 | 2.7 | +3.0% |
| 2003 | -1.26 | -146.8% |
| 2004 | 0.8829 | -169.8% |
| 2005 | 3.4 | +284.6% |
| 2006 | 2.52 | -25.9% |
| 2007 | 1.45 | -42.5% |
| 2008 | -2.32 | -260.7% |
| 2009 | -4.18 | +79.7% |
| 2010 | 1.54 | -136.9% |
| 2011 | 0.6129 | -60.2% |
| 2012 | 4.61 | +652.2% |
| 2013 | -2.86 | -162.1% |
| 2014 | 1.85 | -164.5% |
| 2015 | 0.9968 | -46.0% |
| 2016 | -1.16 | -216.0% |
| 2017 | 3.37 | -391.6% |
| 2018 | 2.4 | -28.9% |
| 2019 | -0.839 | -135.0% |
| 2020 | -20.09 | +2294.4% |
| 2021 | 17.59 | -187.5% |
| 2022 | 10.88 | -38.2% |
| 2023 | 3.05 | -72.0% |
| 2024 | 3.38 | +10.8% |
| 2025 | 2.8 | -17.1% |
| 2026 | 2.1 | -25.0% |
| 2027 | 1.9 | -9.5% |
| 2028 | 1.8 | -5.3% |
| 2029 | 1.55 | -13.9% |
| 2030 | 1.5 | -3.2% |
| 2031 | 1.5 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.47 | -2.9 | 7.1 | 10 |
| 1990s | 2.19 | -4.18 | 7.14 | 10 |
| 2000s | 0.9957 | -4.18 | 4.15 | 10 |
| 2010s | 1.05 | -2.86 | 4.61 | 10 |
| 2020s | 2.5 | -20.09 | 17.59 | 10 |
| 2030s | 1.5 | 1.5 | 1.5 | 2 |
Countries ranked near Bahamas
- 26 Trinidad and Tobago 1.79 compare
- 27 United States of America 1.75 compare
- 28 Canada 1.75 compare
- 29 Haiti 1.5 compare
- 29 Jamaica 1.5 compare
- 29 Saint Lucia 1.5 compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 4.79 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1662 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 6,559 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1291 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 5,094 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.1291 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, percent in Bahamas?
- Gross domestic product (gdp), constant prices, percent in Bahamas was 1.5 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent recorded in Bahamas?
- The highest recorded value was 17.59 in 2021.
- What is the lowest gross domestic product (gdp), constant prices, percent recorded in Bahamas?
- The lowest recorded value was -20.09 in 2020.
- How does Bahamas rank for gross domestic product (gdp), constant prices, percent?
- Bahamas ranks 29th out of 36 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent rising or falling in Bahamas?
- Over the last ten years it is down 91.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.